Nestlé SA (NSRGF) Receives a Hold from UBS
In a report released today, Guillaume Delmas from UBS maintained a Hold rating on Nestlé SA, with a price target of CHF80.00.
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According to TipRanks, Delmas is a 3-star analyst with an average return of 1.4% and a 50.00% success rate. Delmas covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and DANONE SA.
In addition to UBS, Nestlé SA also received a Hold from Bernstein’s Callum Elliott in a report issued on December 9. However, on December 8, Kepler Capital maintained a Buy rating on Nestlé SA (Other OTC: NSRGF).
NSRGF market cap is currently CHF197B and has a P/E ratio of 19.46.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NSRGF in relation to earlier this year.
Read More on NSRGF:
Disclaimer & DisclosureReport an Issue
- Cautious Outlook on Nestlé SA: Hold Rating Amid Modest Growth and Strategic Uncertainty
- Nestlé Announces Retirement of Key Executive Sanjay Bahadur
- Sell Recommendation for Nestlé: Overvaluation Concerns Amid Strategic Challenges
- Nestle price target lowered to $90 from $91 at Morgan Stanley
- Nestle upgraded to Buy from Hold at Berenberg
